Common use of Lien Priority Clause in Contracts

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Xxxxxxxx has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s Loan and Note, that would be prior or that may in any way be superior to Lender’s Security Interests and rights in and to such Collateral.

Appears in 38 contracts

Samples: Business Loan Agreement (Heritage Global Inc.), Business Loan Agreement (Heritage Global Inc.), Business Loan Agreement (TSS, Inc.)

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Lien Priority. Unless otherwise previously disclosed to Lender in writing, Xxxxxxxx has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s 's Loan and Note, that would be prior or that may in any way be superior to Lender’s Xxxxxx's Security Interests and rights in and to such Collateral.

Appears in 36 contracts

Samples: Business Loan Agreement (Ames National Corp), Business Loan Agreement (Lodging Fund REIT III, Inc.), Business Loan Agreement (Addvantage Technologies Group Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Xxxxxxxx Bxxxxxxx has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s Loan and Note, that would be prior or that may in any way be superior to Lender’s Security Interests and rights in and to such Collateral.

Appears in 6 contracts

Samples: Business Loan Agreement (Syra Health Corp), Business Loan Agreement (Eaco Corp), Business Loan Agreement (Amrep Corp.)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Xxxxxxxx Bxxxxxxx has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s 's Loan and Note, that would be prior or that may in any way be superior to Lender’s Lxxxxx's Security Interests and rights in and to such Collateral.

Appears in 6 contracts

Samples: Business Loan Agreement (FGI Industries Ltd.), Business Loan Agreement (Amrep Corp.), Business Loan Agreement (Pro Dex Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Xxxxxxxx has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly Indirectly securing repayment of Borrower’s 's Loan and Note, that would be prior or that may in any way be superior to Lender’s 's Security Interests and rights in and to such Collateral.

Appears in 3 contracts

Samples: Business Loan Agreement (XPEL, Inc.), Business Loan Agreement (XPEL, Inc.), Loan Agreement (XPEL, Inc.)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Xxxxxxxx has not entered into or granted any Security AgreementsAgreement, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s Loan and NoteCredit Agreement, that would be prior or that may in any way be superior to Lender’s Security Interests and rights in and to such Collateral.

Appears in 2 contracts

Samples: Commercial Pledge Agreement (Laird Superfood, Inc.), Commercial Pledge Agreement (Laird Superfood, Inc.)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Xxxxxxxx Bxxxxxxx has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s 's Loan and Note, that would be prior or that may in any way be superior to Lender’s 's Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (Century Casinos Inc /Co/)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Xxxxxxxx has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s Xxxxxxxx's Loan and Note, that would be prior or that may in any way be superior to Lender’s Xxxxxx's Security Interests interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (Siena Technologies, Inc.)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Xxxxxxxx has not entered into or granted any Security Agreements, Agreements or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s Loan and Note, that would be prior or that may in any way be superior to Lender’s Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (Arts Way Manufacturing Co Inc)

Lien Priority. Unless Except as set forth in the Subordination Agreements or otherwise previously disclosed to Lender Majority Owner in writing, Xxxxxxxx has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s Loan and Note, that would be prior or that may in any way be superior to LenderIssuer’s Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Construction and Term Loan Agreement

Lien Priority. Unless otherwise previously disclosed to Lender in writingwriting , Xxxxxxxx has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s 's Loan and Note, that would be prior or that may in any way be superior to Lender’s Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (Elevate.Money REIT I, Inc.)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Xxxxxxxx has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s Loan and Note, that would be prior or that may in any way be superior to Lender’s Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (Vicor Technologies, Inc.)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Xxxxxxxx has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s Loan and Note, that would be prior or that may in any way be superior to LenderLeader’s Security Interests interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (U.S. Auto Parts Network, Inc.)

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Lien Priority. Unless otherwise previously disclosed to Lender in writing, Xxxxxxxx has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s Loan and Note, that would be prior or that may in any way be superior to Lender’s Lenders Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (Scanner Technologies Corp)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Xxxxxxxx has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s 's Loan and Note, that would be prior or that may in any way be superior to Lender’s 's Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (LFTD Partners Inc.)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Xxxxxxxx has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s Loan and Note, that would be prior or that may in any way be superior to Lender’s Security Interests interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (Mining Oil, Inc.)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Xxxxxxxx has not entered into or granted any Security Agreements, ,or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s Loan and Note, that would be prior or that may in any way be superior to Lender’s Security Interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (TSS, Inc.)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Xxxxxxxx has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s 's Loan and Note, that would be prior or that may in any way be superior to Lender’s Xxxxxx's Security Interests and rights in and to such Collateral.. ​ ​ ​ ​ ​ Loan No: 2164804

Appears in 1 contract

Samples: Business Loan Agreement (Lodging Fund REIT III, Inc.)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Xxxxxxxx has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s 's Loan and Note, that would be prior or that may in any way be superior to Lender’s 's Security Interests interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (Sielox Inc)

Lien Priority. Unless otherwise previously disclosed to Lender in writing, Xxxxxxxx has not entered into or granted any Security Agreements, or permitted the filing or attachment of any Security Interests interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrower’s Loan and Note, that would be prior or that may in any way be superior to Lender’s Security Interests interests and rights in and to such Collateral.

Appears in 1 contract

Samples: Business Loan Agreement (Eaco Corp)

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